Zionsville Foreclosures and Short Sales 
This is the Zionsville Foreclosure and Short Sales blog category for IndyHomeSpecialist.com. This is your one stop shop to research relevant news and insight about Zionsville foreclosed, band owned, and short sale properties in Zionsville.
There are currently 9 blog entries related to this category.
What to Know About Indianapolis Foreclosures
Tuesday, December 6th, 2011 at 8:21am. 6672 Views, 0 Comments.
As the number of foreclosures on the market has grown over the past few years, so has interest in purchasing these homes. After all, it is no secret that some foreclosures can be purchased at an extremely low price. Still, before looking into purchasing a foreclosure, it is important to have a clear idea of what to expect from the process. To that end, here is a look at the top five things you should know before jumping into that new cheap condo downtown.
#1: Foreclosures Are Not Always Cheap
While it is true that some foreclosures can be purchased at a great price, you should not automatically assume the house will be cheap just because it is a foreclosure. In other words, while it certainly doesnít hurt to include foreclosures in your home…
Zionsville Real Estate Statistics a Click Away
Thursday, January 20th, 2011 at 7:44am. 704 Views, 0 Comments.
If you are looking at a house for sale in Zionsville Indiana and want to get an idea of how it compares to the Zionsville real estate market overall, we invite you to check out our Zionsville statistics page. The stats page gives detailed information about all active homes in the Zionsville market.
Our stats pages can be found in the left column of links on our home page and just about any other page on the site under the button "Market Statistics".
After clicking on the Zionsville Statistics button, you will see updated information about the active listings and information about how many homes were listed in the last 24 hours. The stats are updated daily and include the number of active listings, days on the market, highest and lowest price, highest…
Zionsville Indiana Foreclosure and Short Sale Search
Friday, January 14th, 2011 at 9:37am. 1156 Views, 0 Comments.
You may be looking for below market value homes in the Zionsville Indiana area. If so, we tried to make it easy for you to browse by creating a page dedicated to foreclosure, bank owned, and short sale homes in Zionsville. On the home page, simply click the button on the top that says "Foreclosures" and pick Zionsville. The following page will take you to all distressed properties in that area. Keep in mind, not all foreclosed homes are the same, some are ready for occupancy and some need quite a bit of work.
Here is a bit more information about Zionsville Indiana:
Zionsville, a northwestern suburb of Indianapolis, is home to one of the state’s top school systems. It is also one of few remaining U.S. towns that has preserved its brick main street.…
Will White House Put a Moratorium on All Foreclosures?
Tuesday, October 19th, 2010 at 8:08am. 459 Views, 0 Comments.
David Axelrod, one of the top advisers at the White House, spoke Sunday about the need for a moratorium on home foreclosures. This comes following pressure for at the White House to intervene in response to growing evidence that financial institutions have been using incorrect documents to evict many of the nation’s homeowners.
According to Axelrod, the flawed documents are taking a toll on the nation’s real estate markets as well as financial institutions. Axelrod expressed some reservations about a complete nation-wide moratorium citing the need for some valid foreclosures to continue to be processed.
Instead Axelrod said the current administration will be pressing bank lenders to speed up their review process in order to determine which…
Foreclosure Properties Now Sell for 26% Less Than Other Homes
Monday, October 18th, 2010 at 2:38pm. 548 Views, 0 Comments.
RealtyTrac’s latest quarterly results show that foreclosure properties sell for approximately 26% less than other homes. The results have also revealed the states with high foreclosure rates and sales discounts on distressed homes. For example, in Nevada the percentage of foreclosure sales has finally dropped from 65% to 56%.
Distressed home sales include the sale of homes that are scheduled to be auctioned, are in default, or are real-estate-owned. According to RealtyTrac, approximately 248,000 homes were sold between April and June 2010.
That’s a 5% jump when compared to the previous quarter, and non-distressed sales went up even more during the most recent quarter. Most are giving credit to the federal housing tax credit for growth seen in the…
An Indianapolis Rental Property Business: 5 Tips for Success
Friday, October 8th, 2010 at 7:19am. 1219 Views, 1 Comments.
If you have visions of buying a few houses, then sitting back counting your cash as you retire by the poolside, then running a rental property business may not be for you. But, if you are willing and committed to running an effective and profitable business, then a rental property business may well be right for you.
Here are some tips to consider when looking at starting your own rental property business:
- Pick your neighborhood carefully. Property taxes are not standard across the board and, as an investor planning to make money from rent, you want to be aware of how much you will be losing to taxes. You will also want to consider the crime rate, school quality and other neighborhood issues. When considering the taxes, remember that several…
Be the First to Know: Free Indianapolis Foreclosure Alerts
Friday, September 24th, 2010 at 7:11am. 623 Views, 1 Comments.
Indianapolis home foreclosures can be the single best way to land an investment property at a significantly discounted price. Current market conditions make it an ideal time to land a bargain residential piece of property. While markets like Reno and Miami are struggling to rebound, Indianapolis has been named as one of the best places to buy an investment property.
Old stereotypes about foreclosed home just don’t fit anymore – these aren’t falling-down houses in bad neighborhoods – foreclosures include waterfront properties and houses in established, even affluent neighborhoods. Keep in mind you’ll need to factor in the costs to repair anything not maintained while the house may have sat empty – could be missing light bulbs, or there might be…
Indianapolis Short Sales Explained
Tuesday, September 21st, 2010 at 7:53am. 685 Views, 3 Comments.
If you’ve lost your job, are behind on your mortgage payments and struggling to keep up, you’re in a tough position. If you’re like thousands of other homeowners, your house may not be worth what it once was. Indianapolis has remained a fairly strong housing market, but some areas have taken hits. What can you do if you don’t see a clear way to move forward and you’re scare of losing your home?
If you’re worried about making next month’s mortgage payment, and the stress is starting to get to you, it might be time to consider a Short Sale on your home. A Short Sale is where your lender agrees to accept an offer for less than what your payoff/amount that is owed is. It’s a win-win for both parties. The owner of the home avoids foreclosure a major…
Investing in Real Estate? Look to Indianapolis
Saturday, September 11th, 2010 at 2:01pm. 543 Views, 1 Comments.
According to the Wall Street Journal last month, if you are looking for a place to buy investment property, then Indy is your kinda place. Huntsville, Alabama and Durham, NC are right up there with Indy, but Orlando and Vegas and two of the riskiest places in the country to buy.
In fact, a number of people outside of the Indianapolis area are buying houses and renting them out, planning to hold on to them for several years, then sell when the market improves considerably. Sadly the number of foreclosures in the area, have meant there are many houses selling for sometimes at half of their appraised value. One such buyer, Jason Moore, of Baltimore, is an Indianapolis native and bought a 4 bedroom room for less than $60,000. After buying the…
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